HCL's joint venture SSHS is looking for post graduates and graduates in commerce, accountancy and finance to fill these profiles at its new facility.

In fact, the June quarter net additions of the above five firms are the highest in at least two years.

Indian IT services companies could see improvement in margins by as much as 100 basis points in their second quarter results due to the depreciating rupee.

Banking rally was led by Bank of Baroda whose stock hit a fresh 17 week high level of 151.90 after the public sector lender reported a more than two-fold rise in Q1 net profit to Rs 528.26 crore.

During the first quarter of this fiscal, HCL Technologies saw its net income grow 5.7 per cent to USD 356 million, while revenue increased 9 per cent to USD 2.05 billion compared to the same period last year.

Shares of HCL Technologies closed 1.03 per cent higher on the BSE to Rs 1,005.3 on Thursday. The buyback was announced after market hours yesterday. The buyback price translates into a 9.4 per cent premium over Thursday's closing price of HCL Tech shares.

If HCL Technologies does follow through on the move, it will be the second leading IT firm to take the buyback route this year. Just last month, Tata Consultancy Services had announced a Rs 16,000 crore share buyback plan.

If the venture takes off, it will help the country build a strategic reserve of key minerals.

At 10:34 am, the stock was trading 2.04% or 36.30 points higher at 1817 level in early trade. The stock of the bluechip IT firm is trading 1.16% away from 52 week high of Rs 1837.

Sameet Chavan, Chief Analyst, Technicals and Derivatives, Angel Broking, takes us through all the market action today. The BSE Sensex rebounded over 318 points today on robust buying in IT, banking, metal and pharma stocks amid mixed global cues. This is the benchmark's biggest single session gain since April 5, when its had surged by 577.73 points. Unabated buying by domestic institutional investors (DIIs) contributed to the uptrend.

The Sensex and Nifty recovered today as a weak rupee buoyed the appeal of technology shares amid a mixed trend overseas. The Sensex rose over 318 points to close at 34,663, just a day after it had tumbled 306 points following a late-session sell-off. This is the benchmark's biggest single session gain since April 5, when it had surged 577 points. The NSE Nifty scaled a high of 10,535 before closing at 10,513, up 83 points, or 0.80 per cent. TCS, Infosys, Wipro, HCL Technologies ...

In a conversation with Business Today, HCL's Digital and Analytics business head Anand Birje talks about how companies are looking at digital transformation.

The firm's total income grew around 2 per cent to Rs 13,480 crore in the March 2018 quarter, up from Rs 13,183 crore in the year-ago period. The company's investor release added a significant milestone - its annual revenues in the last fiscal crossed Rs 50,000 crores, up 8.2 per cent year-on-year.

The market closed flat in trade today after traders turned cautious tracking negative global cues ahead of the US Federal Reserve policy announcement scheduled later in the day. While the Sensex closed 16 points or 0.05 % higher at 35,176, Nifty fell 0.20% or 21.30 points to 10,718. Earlier the Sensex rose over 200 points in opening trade but pared most gains later in the day. Kotak Mahindra Bank, ITC and Asian Paints were the top Sensex gainers. Kotak Mahindra Bank was the top Ni...

Earlier, the Sensex rose over 200 points in opening trade but pared most gains later in the day.  Kotak Mahindra Bank (3.87%), ITC (2.03%) and Asian Paints (1.80%) were the top Sensex gainers.

HCL Technologies today posted a 9.8 per cent decline in its consolidated net profit for the March 2018 quarter at Rs 2,230 crore and said it expects to see a better deal pipeline in FY19, driven by digital services.

Through a fog of data, air of Indian cities' looks dirtiestIndia should follow China's example and clean up the air in its cities, which are among the world's worst for outdoor pollution, the World Health Organization said on Wednesday. The WHO's database of more than 4,300 cities showed Indian cities such as New Delhi, Varanasi and Patna were among the most polluted, based on the amount of particulate matter under 2.5 micrograms found in every cubic metre of air.India rejects US ...